Wycliffe Associates Inc. 
Summary
Because of the work of national Bible translators supported by faithful donors, prayer partners, and volunteers, people are hearing the truth.
Contact information
Mailing address:
11450 Translation Way/
P.O. Box 620143
Orlando, FL 32862
Website: https://wycliffeassociates.org/
Phone: 1.800.843.9673
Email: web@wycliffeassociates.org
Organization details
EIN: 952584324
CEO/President: Mr. Bruce Smith
Chairman:
Board size: 11
Founder: Mr. Cameron Townsend
Year founded: 1995
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: No
Member of ECFA since:
Purpose
Today, we empower and equip national Bible translators-native speakers-to translate Scripture into their heart language using resources and tools provided through MAST (Mobilized Assistance Supporting Translation) workshops under the guidance and authority of the local church. Because these national Bible translators are native language speakers-and they are using resources and tools created by linguists and software specialists-they are able to complete translation of the Scriptures quickly and accurately! Around the world, word is spreading that MAST is the way for churches to have God's Word in their language and share the truth with their neighbors.
Mission statement
Thousands of donors and prayer partners have caught the vision of a Bible in every language by 2025! Together these passionate men and women are ensuring national Bible translators have everything they need to get God's Word into their heart language . . . transforming entire communities and people groups.
Statement of faith
At Wycliffe Associates, God's Word is central to everything we do. Our Core Beliefs are drawn from the teachings of the Holy Bible. In that spirit, we adhere to the following truths: The divine inspiration and consequent authority of the whole canonical Scriptures. The doctrine of the Trinity. The fall of man, his consequent moral depravity, and his need for regeneration. The atonement through the substitutionary death of Christ. The doctrine of justification by faith. The resurrection of the body, in the case of the just and the unjust. The eternal life of the saved and the eternal punishment of the lost.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 486 of 717 | 64 of 93 |
| Fund acquisition rating | | 657 of 718 | 86 of 93 |
| Resource allocation rating | | 480 of 718 | 61 of 93 |
| Asset utilization rating | | 172 of 717 | 24 of 93 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2004 | 2003 | 2002 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 15% | 19% | 39% | 37% | 47% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 15% | 18% | 28% | 28% | 29% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 99% | 97% | 71% | 76% | 61% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 15% | 17% | 28% | 26% | 30% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 1% | 3% | 29% | 24% | 39% |
| Operating ratios | Sector median | 2019 | 2018 | 2004 | 2003 | 2002 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 80% | 76% | 60% | 60% | 58% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 96% | 106% | 101% | 105% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 77% | 80% | 61% | 63% | 56% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 4% | -6% | -1% | -5% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 11% | -12% | -4% | -15% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 5% | 7% | 12% | 13% | 12% |
| Investing ratios | Sector median | 2019 | 2018 | 2004 | 2003 | 2002 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.45 | 2.33 | 2.20 | 2.85 | 2.69 | 2.23 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.35 | 1.18 | 1.23 | 1.34 | 1.17 | 1.12 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.20 | 2.74 | 2.70 | 3.82 | 3.13 | 2.51 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2004 | 2003 | 2002 |
Current ratio Current ratio = Total current assets / Total current liabilities | 15.10 | 23.93 | 19.32 | 4.55 | 7.05 | 8.09 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.04 | 0.05 | 0.22 | 0.14 | 0.12 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.05 | 4.20 | 4.22 | 2.45 | 3.28 | 4.19 |
| Solvency ratios | Sector median | 2019 | 2018 | 2004 | 2003 | 2002 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 4% | 4% | 16% | 12% | 11% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 64% | 41% | 44% | 29% | 33% | 40% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2004 | 2003 | 2002 |
| Cash | $3,977,896 | $4,846,898 | $1,951,611 | $2,421,930 | $70,093 |
| Receivables, inventories, prepaids | $0 | $0 | $198,648 | $89,098 | $14,452 |
| Short-term investments | $13,183,825 | $9,890,179 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $143,128 | $95,011 | $2,986,989 |
| Total current assets | $17,161,721 | $14,737,077 | $2,293,387 | $2,606,039 | $3,071,534 |
| Long-term investments | $0 | $0 | $367,000 | $0 | $0 |
| Fixed assets | $1,668,821 | $1,625,713 | $414,681 | $436,017 | $0 |
| Other long-term assets | $1,342,618 | $1,699,785 | $0 | $0 | $379,700 |
| Total long-term assets | $3,011,439 | $3,325,498 | $781,681 | $436,017 | $379,700 |
| Total assets | $20,173,160 | $18,062,575 | $3,075,068 | $3,042,056 | $3,451,234 |
| Liabilities | 2019 | 2018 | 2004 | 2003 | 2002 |
| Payables and accrued expenses | $717,047 | $762,740 | $385,893 | $313,028 | $278,145 |
| Other current liabilities | $0 | $0 | $117,808 | $56,816 | $101,655 |
| Total current liabilities | $717,047 | $762,740 | $503,701 | $369,844 | $379,800 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $717,047 | $762,740 | $503,701 | $369,844 | $379,800 |
| Net assets | 2019 | 2018 | 2004 | 2003 | 2002 |
| Unrestricted | $14,372,144 | $13,583,198 | $1,349,105 | $1,484,062 | $1,489,815 |
| Temporarily restricted | $5,083,969 | $3,716,637 | $1,222,262 | $1,188,150 | $1,581,619 |
| Permanently restricted | $0 | $0 | $0 | $0 | $0 |
| Net assets | $19,456,113 | $17,299,835 | $2,571,367 | $2,672,212 | $3,071,434 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2004 | 2003 | 2002 |
| Total contributions | $48,463,714 | $36,611,658 | $6,150,192 | $5,915,497 | $4,829,857 |
| Program service revenue | $0 | $0 | $1,565,443 | $1,067,700 | $2,116,072 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $604,846 | $359,854 | $117,340 | $158,377 | $203,038 |
| Other revenue | $66,196 | $673,426 | $827,827 | $628,454 | $810,583 |
| Total other revenue | $671,042 | $1,033,280 | $2,510,610 | $1,854,531 | $3,129,693 |
| Total revenue | $49,134,756 | $37,644,938 | $8,660,802 | $7,770,028 | $7,959,550 |
| Expenses | 2019 | 2018 | 2004 | 2003 | 2002 |
| Program services | $37,688,222 | $30,060,864 | $5,255,642 | $4,929,924 | $4,464,087 |
| Management and general | $2,163,089 | $2,901,195 | $1,081,792 | $1,078,714 | $953,547 |
| Fundraising | $7,127,167 | $6,781,543 | $2,424,213 | $2,160,612 | $2,285,527 |
| Total expenses | $46,978,478 | $39,743,602 | $8,761,647 | $8,169,250 | $7,703,161 |
| Change in net assets | 2019 | 2018 | 2004 | 2003 | 2002 |
| Surplus (deficit) | $2,156,278 | ($2,098,664) | ($100,845) | ($399,222) | $256,389 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $2,156,278 | ($2,098,664) | ($100,845) | ($399,222) | $256,389 |
Response from ministry
No response has been provided by this ministry.
History
In 1967, Bill Butler, Dale Kietzman, and Rudy Renfer-friends of Bible translators who were deeply concerned with the future of Bible translation - discovered that translators were spending an increasing amount of their time on tasks unrelated to translation, like accounting, building maintenance, and more. They also noticed that Christian business professionals with a heart for service and a wide variety of skills could volunteer and accelerate Bible translation, freeing up thousands of hours of translation time each year.
Knowing hundreds of millions of people were still waiting for God's Word in their own language, they committed to giving these people access to the truth of the gospel, so they could know the God who loves them and desires a relationship with them.
That year, they founded Wycliffe Associates.
Since then, the generosity of Bible translation supporters has allowed us to expand our services to Bible translators to include advanced technology, efficient translation strategies, greater financial resources, and logistical and operational support. Wycliffe Associates empowers national Bible translators under the authority of the local church in each community. Together with our donors and prayer partners, we are following God's call to accelerate Bible translation in the most remote, most antagonistic parts of the world.
In 2014, Wycliffe Associates developed and tested a revolutionary Bible translation methodology, MAST-Mobilized Assistance Supporting Translation. MAST equips national translators to quickly and accurately translate the Bible under the guidance of the local church and to bring God's Word to their own people.